Now that we're in a rate-hiking cycle, the question is: How long will it last?Barkin just offered a clue as he said he would like to think this will be like the 1990s mid-cycle adjustment. Now the term 'mid-cycle adjustment' was actually made famous by Powell as the retrospectively looked back at the 1990s. Looking through the history of the time, there were two hiking cycles in that era of 300 bps and 175 bps. The current 105 bps of total hikes priced in (including the 25 bps already done) would be a historical aberration for hiking cycles.However, Barkin was comparing it to an easing cycle in the 1990s, when Greenspan cut rates by 75 bps over seven months at the end of 1995. So by that analogue -- if you took it directly -- would be more dovish than what is priced in now. This article was written by Adam Button at investinglive.com.